NOT LISTED FOR SALE

1032 SW Mark St Newport, OR 97365

Estimated Value: $720,000 - $1,294,000

3 Beds
2 Baths
2,131 Sq Ft
$452/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $725,500 $340 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,820/month

2 Days on Market

Highlights

  • Ocean Front
  • Ranch Style House
  • Den
  • Deck
  • No HOA
  • 3-minute walk to Yaquina Bay Shellfish Preserve

About This Home

As of September 2018

Breathtaking Panoramic Views from this Ocean Front single level home! This stunning residence is nestled at the end of a private drive with extra space to park a boat, motor home, or guest parking. As you step inside you will immediately be in awe of the expansive views of the ocean from the Light House to the South Jetty. The open floor plan is perfect for entertaining, and the adjoining large den is a great family room, or would make a great office or movie watching room. Wake up to the sight, sounds and smell of the ocean from the Master Bedroom then take a stroll to the beach just steps from your back door, down a private and secured gentle beach walkway. You will also find yourself whale watching from a perfect vantage point or taking a short walk to the Bay Front or Nye Beach, Performing Arts Center, and Visual Art Center. There you will enjoy restaurants, boutiques, art galleries, bakery, entertainment and art exhibits. This 3 bedroom 2 bath home has had many recent upgrades. Amenities include: new forced-air gas furnace, new on-demand water heater, new gas fireplace, new windows and sliding glass door, new siding, new gutters, new exterior paint, new garage flooring, new flooring in laundry room and bathroom, granite counter tops, over sized walk in master shower with dual shower heads, over sized garage with new industrial shelving, new external motion detection lights, new alarm system with commercial grade remote monitoring cameras, new fully fenced yard, secured gated beach access.

Last Agent to Sell the Property

Sonja Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201104108 Listed on: 08/27/2018

Co-Listed By

Steve Lovas

Martek Real Estate Brokerage Phone: 541-265-8785 License #201206063

Last Buyer's Agent

Janis Neigebauer

Advantage Real Estate License #880400039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,312

Year Built

  • Built in 1960

Lot Details

  • 0.67 Acre Lot
  • Ocean Front
  • Irregular Lot
  • Property is zoned R-2 Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof
  • Concrete Siding
  • Cedar Siding

Interior Spaces

  • 2,131 Sq Ft Home
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Den
  • Utility Room
  • Ocean Views
  • Security System Owned

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Cooling System
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bayley And Case's Subdivision

Listing and Financial Details

  • Tax Lot 1803
  • Assessor Parcel Number 111108CC-1803-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,312

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.67
  • Lot Size: 29,565
  • Lot Size Sq Ft: 29185.2
  • Road Surface Type: Gravel
  • Subdivision Name: Bayley and Case's
  • Directions: Hwy 101 to SW Minnie, North on Mark to address, down private drive to the end.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1960
  • Attribution Contact: 541-265-8785
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Ocean
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.67
  • Location Tax and Other Information:Tax Lot: 7-9
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 2.0
  • General Property Description:Levels: One
  • General Property Description:Style: Ranch
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • DeckPatio:Deck: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:Dishwasher: Yes
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: Partial
  • Alternate Heat:Gas Fireplace: Yes
  • General Property Description:Lot Dimensions: 29,565
  • Location Tax and Other Information:Subdv ParcelLot: 1803
  • General Property Description:Property Sub-Type: Single Family Residence
  • Internal Features:Water Heater: Gas
  • Flooring:Vinyl2: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • Lot Type:Irregular: Yes
  • Miscellaneous:Den: Yes
  • Alarm System:Yes - Owned: Yes
  • Siding:Concrete Composite: Yes
  • DeckPatio:Covered Porch: Yes
  • Miscellaneous Possession: COE
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Irregular Lot
  • View: Ocean
  • Foundation Details: Cont/Con
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 2

Utilities

  • Water Source: Public
  • HeatingCooling:Gas Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111108CC-1803-00
  • Zoning: R-2 Residential

Tax Info

  • Tax Annual Amount: 7311.75
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Sep 25, 2018
Sold by
Butler Jaycee L and Butler Katie E
Bought by
Starus Marvin J and Starus Sandra H
Seller's Agent
Sonja Lovas
Martek Real Estate
Buyer's Agent
Janis Neigebauer
Advantage Real Estate
List Price
$735,000
Sold Price
$725,500
Premium/Discount to List
-$9,500
-1.29%
Current Estimated Value
$962,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,422
Avg. Annual Appreciation
4.09%

Purchase Details

Listed on
Nov 21, 2016
Closed on
Oct 20, 2016
Sold by
Grefenson Noel and Estate Of Mark F Grefenson
Bought by
Butler Jaycee L and Butler Katie E
Seller's Agent
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Heidi Rogers
At the Sea
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Starus Marvin J $725,500 Western Title & Escrow
Butler Jaycee L $605,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Jaycee L $417,000
Closed Starus Marvin J $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2018 09/27/18 Sold $725,500 -1.3% $340 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $735,000 +21.5% $345 / Sq Ft
11/21/2016 11/21/16 Sold $605,000 -3.2% $284 / Sq Ft View Prior Sale
11/21/2016 11/21/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $625,000 +3.3% $293 / Sq Ft
11/03/2016 11/03/16 Sold $605,000 -10.9% $284 / Sq Ft View Prior Sale
08/28/2016 08/28/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $679,000 -- $319 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,754 $485,140 -- --
2023 $8,548 $471,010 $0 $0
2022 $8,285 $457,300 $0 $0
2021 $8,142 $443,990 $0 $0
2020 $7,948 $431,060 $0 $0
2019 $7,608 $418,510 $0 $0
2018 $7,374 $406,330 $0 $0
2017 $7,308 $394,500 $0 $0
2016 $7,153 $383,010 $0 $0
2015 $6,632 $371,860 $0 $0
2014 $6,483 $361,030 $0 $0
2013 -- $350,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 18-2320

APN: R77929